Market Overview:
The global liquid caustic soda market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for liquid caustic soda from various applications such as pulp and paper, textiles, soap and detergents, bleach manufacturing, petroleum products, aluminum processing and chemical processing. In terms of type, the market is segmented into liquid caustic soda 10%-30%, liquid caustic soda 30%-54% and other types. The other type segment is further sub-segmented into liquid caustic soda > 54%, solidified/gelatinized form and others (including paste). Among these segments, the Others (including paste) segment is projected to grow at a highest CAGR during the forecast period owing to its growing application in end-use industries such as chemical processing.
Product Definition:
Liquid caustic soda is an inorganic compound with the chemical formula NaOH. It is a white solid that dissolves in water with release of heat. It is soluble in ethanol and glycerol.
It forms a strong alkali solution when dissolved in water, capable of corroding many materials. In addition to its corrosive properties, it also has detergent properties and can be used as a base for making soap.
Liquid Caustic Soda 10%-30%:
Liquid caustic soda is a strong alkali compound, which has multiple uses in various industries. It is also known as lye or sodium hydroxide. This chemical is produced when caustic soda (sodium boron nitride) reacts with water. The reaction can be carried out in two ways: by thermal decomposition or by dry distillation.
Liquid Caustic Soda 30%-54%:
Liquid caustic soda 30%-54% is a strong alkaline liquid, which is used as a lye in the production of polymers and resins. It can also be used for treating wood and leather. The product has applications in various industries such as agriculture, automotive, construction materials & services, electrical & electronics manufacturing industries among others.
Application Insights:
The pulp and paper application segment led the global market in 2017 accounting for a share of over 39% owing to increasing demand for Caustic Soda as a bleaching agent in the production of newsprint, tissue papers, and paper boxes. The segment is projected to witness significant growth over the forecast period on account of rising consumption in various applications including pulp and paper manufacturing, metal plating industry, textile industry (for making bleach), soaps & detergents manufacturing process.
Liquid caustic soda is used as an intermediate chemical in soap-making process. It acts as an important reactant required for saponification reaction which involves hydrolysis of ester bonds between fatty acids and glycerolipids present in oils or fats.
Regional Analysis:
Asia Pacific liquid caustic soda market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization, coupled with increasing population in this region. In addition, rising disposable income levels are anticipated to drive the demand for consumer goods and services which will further propel industry growth over the forecast period.
The pulp and paper industry is one of the significant sectors in Canada that consumes large volumes of caustic soda for producing pulpboard as well as newsprint products. The growing production facilities along with increasing consumption in water treatment applications are projected to augment product demand over the coming years.
In North America, Mexico accounted for a revenue share of 15% in 2017 on account rising textile manufacturing sector mainly driven by strong performance from clothing manufacturers located along both coasts namely Los Angeles County.
Growth Factors:
- Increasing demand from end-use industries such as pulp and paper, textiles, detergents and soaps, and food processing is expected to drive the growth of the liquid caustic soda market over the forecast period.
- Rising demand for chlorine derivatives in water treatment and other downstream applications is also anticipated to boost the market growth.
- Growing investments in chemical industry coupled with increasing production capacities is projected to propel the liquid caustic soda market during the forecast period.
- Stringent environmental regulations regarding emissions from chemical plants are likely to create opportunities for liquid caustic soda manufacturers in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Caustic Soda Market Research Report
By Type
Liquid Caustic Soda 10%-30%, Liquid Caustic Soda 30%-54%, Other
By Application
Pulp and Paper, Textiles, Soap and Detergents, Bleach Manufacturing, Petroleum Products, Aluminum Processing, Chemical Processing
By Companies
DowDuPont, OxyChem, Westlake (Axiall), Olin Corporation, Formosa Plastics Corporation, Tosoh, Ineos Chlor Ltd, Asahi Glass, Covestro, Shin-Etsu Chemical, DowDuPont, Hanwha Chemical, Solvay, LG Chemical, Tokuyama Corp, SABIC, Kemira, Basf, Aditya Birla Chemicals, GACL, ChemChina, Xinjiang Zhongtai Chemical, Xinjiang Tianye, Beiyuan Group, Shandong Jinling, SP Chemical(Taixing), Haili Chemical, Huatai Group, Wanhua Chemical (Ningbo), Tangshan Sanyou Alkali Chloride
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Caustic Soda Market Report Segments:
The global Liquid Caustic Soda market is segmented on the basis of:
Types
Liquid Caustic Soda 10%-30%, Liquid Caustic Soda 30%-54%, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pulp and Paper, Textiles, Soap and Detergents, Bleach Manufacturing, Petroleum Products, Aluminum Processing, Chemical Processing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DowDuPont
- OxyChem
- Westlake (Axiall)
- Olin Corporation
- Formosa Plastics Corporation
- Tosoh
- Ineos Chlor Ltd
- Asahi Glass
- Covestro
- Shin-Etsu Chemical
- DowDuPont
- Hanwha Chemical
- Solvay
- LG Chemical
- Tokuyama Corp
- SABIC
- Kemira
- Basf
- Aditya Birla Chemicals
- GACL
- ChemChina
- Xinjiang Zhongtai Chemical
- Xinjiang Tianye
- Beiyuan Group
- Shandong Jinling
- SP Chemical(Taixing)
- Haili Chemical
- Huatai Group
- Wanhua Chemical (Ningbo)
- Tangshan Sanyou Alkali Chloride
Highlights of The Liquid Caustic Soda Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Caustic Soda 10%-30%
- Liquid Caustic Soda 30%-54%
- Other
- By Application:
- Pulp and Paper
- Textiles
- Soap and Detergents
- Bleach Manufacturing
- Petroleum Products
- Aluminum Processing
- Chemical Processing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Liquid Caustic Soda Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Liquid caustic soda is a highly corrosive and poisonous chemical compound with the formula NaOH. It is a white, crystalline solid that smells strongly of vinegar. Liquid caustic soda can cause severe burns if it comes into contact with skin or eyes.
Some of the major companies in the liquid caustic soda market are DowDuPont, OxyChem, Westlake (Axiall), Olin Corporation, Formosa Plastics Corporation, Tosoh, Ineos Chlor Ltd, Asahi Glass, Covestro, Shin-Etsu Chemical, DowDuPont, Hanwha Chemical, Solvay, LG Chemical, Tokuyama Corp, SABIC, Kemira, Basf, Aditya Birla Chemicals, GACL, ChemChina, Xinjiang Zhongtai Chemical, Xinjiang Tianye, Beiyuan Group, Shandong Jinling, SP Chemical(Taixing), Haili Chemical, Huatai Group, Wanhua Chemical (Ningbo), Tangshan Sanyou Alkali Chloride.
The liquid caustic soda market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Caustic Soda Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Liquid Caustic Soda Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Caustic Soda Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Liquid Caustic Soda Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Liquid Caustic Soda Market Size & Forecast, 2018-2028
4.5.1 Liquid Caustic Soda Market Size and Y-o-Y Growth
4.5.2 Liquid Caustic Soda Market Absolute $ Opportunity
Chapter 5 Global Liquid Caustic Soda Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Liquid Caustic Soda Market Size Forecast by Type
5.2.1 Liquid Caustic Soda 10%-30%
5.2.2 Liquid Caustic Soda 30%-54%
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Liquid Caustic Soda Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Liquid Caustic Soda Market Size Forecast by Applications
6.2.1 Pulp and Paper
6.2.2 Textiles
6.2.3 Soap and Detergents
6.2.4 Bleach Manufacturing
6.2.5 Petroleum Products
6.2.6 Aluminum Processing
6.2.7 Chemical Processing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Caustic Soda Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Liquid Caustic Soda Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Liquid Caustic Soda Analysis and Forecast
9.1 Introduction
9.2 North America Liquid Caustic Soda Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Liquid Caustic Soda Market Size Forecast by Type
9.6.1 Liquid Caustic Soda 10%-30%
9.6.2 Liquid Caustic Soda 30%-54%
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Liquid Caustic Soda Market Size Forecast by Applications
9.10.1 Pulp and Paper
9.10.2 Textiles
9.10.3 Soap and Detergents
9.10.4 Bleach Manufacturing
9.10.5 Petroleum Products
9.10.6 Aluminum Processing
9.10.7 Chemical Processing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Liquid Caustic Soda Analysis and Forecast
10.1 Introduction
10.2 Europe Liquid Caustic Soda Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Liquid Caustic Soda Market Size Forecast by Type
10.6.1 Liquid Caustic Soda 10%-30%
10.6.2 Liquid Caustic Soda 30%-54%
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Liquid Caustic Soda Market Size Forecast by Applications
10.10.1 Pulp and Paper
10.10.2 Textiles
10.10.3 Soap and Detergents
10.10.4 Bleach Manufacturing
10.10.5 Petroleum Products
10.10.6 Aluminum Processing
10.10.7 Chemical Processing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Liquid Caustic Soda Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Liquid Caustic Soda Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Liquid Caustic Soda Market Size Forecast by Type
11.6.1 Liquid Caustic Soda 10%-30%
11.6.2 Liquid Caustic Soda 30%-54%
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Liquid Caustic Soda Market Size Forecast by Applications
11.10.1 Pulp and Paper
11.10.2 Textiles
11.10.3 Soap and Detergents
11.10.4 Bleach Manufacturing
11.10.5 Petroleum Products
11.10.6 Aluminum Processing
11.10.7 Chemical Processing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Liquid Caustic Soda Analysis and Forecast
12.1 Introduction
12.2 Latin America Liquid Caustic Soda Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Liquid Caustic Soda Market Size Forecast by Type
12.6.1 Liquid Caustic Soda 10%-30%
12.6.2 Liquid Caustic Soda 30%-54%
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Liquid Caustic Soda Market Size Forecast by Applications
12.10.1 Pulp and Paper
12.10.2 Textiles
12.10.3 Soap and Detergents
12.10.4 Bleach Manufacturing
12.10.5 Petroleum Products
12.10.6 Aluminum Processing
12.10.7 Chemical Processing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Liquid Caustic Soda Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Liquid Caustic Soda Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Liquid Caustic Soda Market Size Forecast by Type
13.6.1 Liquid Caustic Soda 10%-30%
13.6.2 Liquid Caustic Soda 30%-54%
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Liquid Caustic Soda Market Size Forecast by Applications
13.10.1 Pulp and Paper
13.10.2 Textiles
13.10.3 Soap and Detergents
13.10.4 Bleach Manufacturing
13.10.5 Petroleum Products
13.10.6 Aluminum Processing
13.10.7 Chemical Processing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Liquid Caustic Soda Market: Competitive Dashboard
14.2 Global Liquid Caustic Soda Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDuPont
14.3.2 OxyChem
14.3.3 Westlake (Axiall)
14.3.4 Olin Corporation
14.3.5 Formosa Plastics Corporation
14.3.6 Tosoh
14.3.7 Ineos Chlor Ltd
14.3.8 Asahi Glass
14.3.9 Covestro
14.3.10 Shin-Etsu Chemical
14.3.11 DowDuPont
14.3.12 Hanwha Chemical
14.3.13 Solvay
14.3.14 LG Chemical
14.3.15 Tokuyama Corp
14.3.16 SABIC
14.3.17 Kemira
14.3.18 Basf
14.3.19 Aditya Birla Chemicals
14.3.20 GACL
14.3.21 ChemChina
14.3.22 Xinjiang Zhongtai Chemical
14.3.23 Xinjiang Tianye
14.3.24 Beiyuan Group
14.3.25 Shandong Jinling
14.3.26 SP Chemical(Taixing)
14.3.27 Haili Chemical
14.3.28 Huatai Group
14.3.29 Wanhua Chemical (Ningbo)
14.3.30 Tangshan Sanyou Alkali Chloride
